hodler

22 Apr 2026, 09:53

ADA eyes breakout as Bitcoin hits $78K and crypto rally gains pace

The cryptocurrency market has been bullish over the past 24 hours as Bitcoin and Ether tapped key resistance levels. Bitcoin hit the $78,000 level during the early hours of Wednesday , while Ether is now approaching the $2,400 psychological point. Cardano’s ADA is not left out as it is up by 1.5% in the last 24 hours. ADA extended its gains above $0.2500 at press time on Wednesday, for the third consecutive day so far this week. Retail demand for ADA is heating up amid a buildup in the futures market positions. Technical indicators also show that the 50-day EMA at $0.2600 remains a key dynamic resistance capping short-term recovery attempts. ADA regains retail strength, eyes key resistance levels The broader cryptocurrency market is rallying following positive geopolitical news a few hours ago. President Donald Trump announced that he would extend the Iran ceasefire indefinitely. Trump blamed negotiation collapses on what he called a "seriously fractured" leadership structure in Tehran, and said the US would hold off on fresh attacks while keeping its Strait of Hormuz blockade in place. In addition to that, Cardano has also benefited from the growing retail strength over the past few days. Data obtained from Coin Glass shows that the ADA futures Open Interest (OI) is up over 6% in the last 24 hours to $464.84 million, suggesting increased retail activity amid anticipation of sharp moves. The positive funding rate of 0.0090% reveals a bullish undertone in the positional buildup as buyers are willing to hold long positions at a premium. The positive derivatives data suggest that fresh retail capital is entering the Cardano market, with traders optimistic of an ADA rally in the near term. Cardano technical forecast The ADA/USD 4-hour chart is bearish and efficient despite Cardano extending its recovery above $0.2500 at press time on Wednesday. However, ADA is still trading below the 50-day Exponential Moving Average (EMA) at $0.2600, ensuring a broader bearish bias. Meanwhile, the 100-day and 200-day EMAs at $0.3009 and $0.3953, respectively, serve as overhead resistances. The momentum indicators suggest that ADA could rally higher in the near term. The Moving Average Convergence Divergence (MACD) histogram is marginally above its signal lines. The Relative Strength Index (RSI) hovers at 59, hinting at stabilizing and growing bullish momentum within a broader capped structure. If the rally persists, initial resistance would be encountered at the 50-day EMA around $0.2600, where any recovery is likely to face the first meaningful supply zone. The next major resistance is at the 100-day EMA near $0.3009 and then the more distant 200-day EMA at $0.3953, which continues to define the wider bearish backdrop. However, if the bears regain control, they could push ADA’s price below the key support levels, $0.2328 and $0.2205, which serve as the March 29 and February 6 lows, respectively. The post ADA eyes breakout as Bitcoin hits $78K and crypto rally gains pace appeared first on Invezz

22 Apr 2026, 09:50

Bitcoin Price Analysis: BTC Must Clear $79,200 to Unlock Critical Upward Momentum

BitcoinWorld Bitcoin Price Analysis: BTC Must Clear $79,200 to Unlock Critical Upward Momentum Bitcoin has surged past $78,000 after nearly 75 days of sideways trading, but analysts warn that BTC must clear $79,200 to fuel sustained upward momentum. This critical resistance zone now defines the market’s next major move. Bitcoin Tests Dual Resistance Levels According to data from CoinDesk, Bitcoin is currently testing two significant resistance levels simultaneously. The first is the True Market Mean, which sits at $78,200. Checkonchain, an on-chain analytics platform, defines this metric as the average purchase price of the actual circulating supply. This calculation excludes lost and dormant coins, providing a clearer picture of where selling pressure concentrates. The second resistance level is the Short-Term Holder Realized Price (STHRP) at $79,200. This metric represents the average entry price for investors who have held Bitcoin for a short duration. Since the current spot price remains below this level, short-term holders are sitting on a slight loss. Historical Context and Previous Rejection In mid-January, Bitcoin tested the STHRP around $98,000. However, the price faced strong rejection at that level. This historical event highlights the importance of the STHRP as a psychological and technical barrier. A similar pattern is now unfolding at a lower price point. Market participants closely watch these levels. A successful break above $79,200 would flip both indicators into support zones. Such a shift typically fuels upward momentum, as former resistance becomes a floor for future price action. On-Chain Data Reveals Market Sentiment On-chain metrics provide deeper insights into investor behavior. The True Market Mean, for instance, reflects the aggregate cost basis of active coins. When Bitcoin trades below this level, it suggests that the average holder is underwater. Conversely, a move above indicates renewed profitability. The STHRP, meanwhile, captures the sentiment of short-term traders. These investors often react quickly to price changes. A break above their average entry price could trigger buying pressure, as losses turn into gains. What Happens If Bitcoin Fails to Break Through? If Bitcoin cannot clear the $79,200 resistance, the current sideways trend may persist. Prolonged consolidation often tests investor patience. In such scenarios, selling pressure can increase, opening the door to a potential further decline. Key support levels below $78,000 include $75,000 and $72,000. A breakdown below these thresholds could accelerate losses. Traders should monitor volume and momentum indicators for confirmation of the next move. Broader Market Implications Bitcoin’s price action influences the entire cryptocurrency market. A decisive breakout above $79,200 could lift altcoins and reignite bullish sentiment. Conversely, a failure may drag down major tokens like Ethereum and Solana. Institutional interest remains a key factor. Recent filings for spot Bitcoin ETFs and growing adoption by corporations add a layer of fundamental support. However, technical resistance still dominates short-term price action. Expert Analysis and Trader Strategies Analysts recommend a cautious approach. Waiting for a confirmed breakout above $79,200 with strong volume reduces risk. False breakouts are common in volatile markets, and traders should avoid chasing price. For long-term holders, the current levels present an accumulation opportunity. Historical data shows that Bitcoin often rewards patience during consolidation phases. The True Market Mean and STHRP serve as reliable guides for entry points. Timeline of Key Events Mid-January: Bitcoin tests STHRP at $98,000, faces rejection. 75 days of sideways trading: BTC consolidates between $70,000 and $78,000. Current: Bitcoin breaks $78,000, tests True Market Mean and STHRP. Conclusion Bitcoin’s ability to clear $79,200 will determine its near-term trajectory. The True Market Mean and Short-Term Holder Realized Price provide clear technical signals. A successful breakout could fuel upward momentum, while a failure may prolong the sideways trend. Traders and investors should watch these levels closely for actionable insights. FAQs Q1: What is the True Market Mean in Bitcoin analysis? A1: The True Market Mean is the average purchase price of Bitcoin’s actual circulating supply, excluding lost and dormant coins. It indicates where significant selling pressure is concentrated. Q2: Why is $79,200 a critical resistance level for Bitcoin? A2: $79,200 represents the Short-Term Holder Realized Price (STHRP), the average entry price for recent buyers. Breaking above this level would turn it into support, fueling upward momentum. Q3: What happened when Bitcoin tested the STHRP in January? A3: In mid-January, Bitcoin tested the STHRP around $98,000 but faced strong rejection, leading to a price decline. This historical event underscores the level’s importance. Q4: What could happen if Bitcoin fails to break $79,200? A4: A failure to break $79,200 could prolong the sideways trend and open the door to a potential decline, with key support at $75,000 and $72,000. Q5: How does Bitcoin’s price action affect the broader crypto market? A5: Bitcoin’s movements often influence altcoins and overall market sentiment. A breakout above $79,200 could lift other cryptocurrencies, while a failure may drag them down. This post Bitcoin Price Analysis: BTC Must Clear $79,200 to Unlock Critical Upward Momentum first appeared on BitcoinWorld .

22 Apr 2026, 09:48

Ethereum Price Prediction: $250,000 per ETH as Global Finance Backbone

Ethereum price is about to breach $2,400 as an institutional prediction lands with unusual force this week. Etherealize, an institutional Ethereum advocacy group, published a revised long-term price target of $250,000 per ETH, arguing the network is positioned to absorb the combined $31.1 trillion market premium currently held by gold and Bitcoin. Etherealize CEO Vivek Raman: The Repricing of ETH as Money Could Start Pretty Soon "ETH is like BTC++ in that it's productive, it has yield — which financial people love — but also it's a store of value and used as collateral. It's basically used as money across the Ethereum… https://t.co/pVdOgSPLlB pic.twitter.com/qWwgTGasDf — Etherealize (@Etherealize_io) April 22, 2026 100X move from current levels sounds crazy, but Fundstrat’s Tom Lee independently echoed the same $250,000 “supercycle” figure, citing accelerating institutional accumulation. The thesis: Ethereum’s proof-of-stake yield model and role as DeFi’s primary settlement layer give it structural advantages neither gold nor Bitcoin can replicate. Short-term technicals, however, tell a complicated story, a gap between macro vision and current price action. Discover: The best pre-launch token sales Forget The $250K Ethereum Price Prediction: Can Ethereum Break $2,600 ETH sits just under $2,400, between two forces pulling in opposite directions. The funding rate has turned negative at -0.0033%, a signal that traders are leaning short. The Crypto Fear & Greed Index reads 32, firmly in fear territory, though getting better than the last 30 days. Bitcoin dominance has climbed back above 60%, compressing altcoin liquidity across the board and creating a supply-demand stagnation that makes clean breakouts difficult to sustain. Crypto Fear and Greed Index, Alternative The immediate battleground is the $2,200 support level now. Hold it, and a breakout toward $2,500 becomesan easy target. Clear that resistance convincingly, and the next logical destination is $2,800 as a level that, if reclaimed and consolidated, would technically confirm a shift toward a macro-level uptrend. However, if support at $2,200 breaks. The next meaningful floor appears at $2,000, with a structural correction potentially extending to $1,900 as a consolidation zone. Risk management is not optional here. ETH USD, TradingView The Etherealize report offers no timeline on the $250,000 target, so it’s a price destination, not a trade. What it does provide is a structural argument: 121 million circulating ETH capturing even a fraction of gold’s store-of-value premium implies a repricing event that would dwarf any previous crypto cycle. Institutional buyers are already moving with BitMine Immersion Technologies, which purchased 32,977 ETH ($104 million) last week alone, bringing its holdings to 4.14 million ETH, or 3.4% of total supply. Conviction capital. Discover: The best crypto to diversify your portfolio with LiquidChain with Big Upside Potential Bridging ETH, SOL, and BTC Even if the $250,000 thesis is correct for ETH, getting there from $2,300 requires holding through multi-year drawdowns, regulatory headwinds, and multiple altcoin winters. Ethereum’s institutional narrative is strengthening, but the asymmetric upside that defined early ETH buyers no longer exists, not without big capital. That’s where early-stage infrastructure plays enter the picture. LiquidChain ($LIQUID) is a Layer 3 infrastructure project built around a specific and underserved problem: fragmented liquidity across Bitcoin, Ethereum, and Solana. Its Unified Liquidity Layer fuses BTC, ETH, and SOL ecosystems into a single execution environment. The LiquidChain library is home to the entire foundation of the LiquidChain L3. Knowledge this powerful needs to be under lock and key https://t.co/vqvBcdSQYC pic.twitter.com/YHwkivyZcC — LiquidChain (@getliquidchain) April 22, 2026 With Liquid, developers only need to deploy once and access all three networks simultaneously. Single-Step Execution and Verifiable Settlement are the architectural pillars. The presale has raised somewhere close to $700K , with $LIQUID currently priced at $0.01452 . That’s a early-stage entry point on infrastructure that sits directly beneath the kind of cross-chain capital flows an Ethereum supercycle would generate. Research LiquidChain thoroughly before the next priceincrease. The post Ethereum Price Prediction: $250,000 per ETH as Global Finance Backbone appeared first on Cryptonews .

22 Apr 2026, 09:46

Flight to safety: How Maker’s Spark and USDC are winning the $10 billion Aave breakup

Funds leaving Aave are splitting across safer lending, simpler ETH exposure and off-chain yield, with stablecoins acting as a temporary refuge.

22 Apr 2026, 09:46

AAVE Price Stays Weak as Protocol Supply Falls 28.9%

Aave’s total supplied value fell 28.9% to $30.97 billion over the last 30 days. AAVE price dropped 11.67% in one month and traded near $93.42 at press time. Technical analysis shows passive conditions and weak pressure conversion. For a month now, the AAVE price has followed a clear downward trend as the asset continues to trade below $94. The downward trend, which has spanned without any major recoveries, has sent the AAVE 1.36% deeper from its all-time high by over 88%. The price dip comes at a time when attackers have drained $291 million through the Kelp DAO exploit , initiating a liquidity crunch. Aave Supply Drops 28.9% as Capital Continues to Leave the Protocol As of today, on-chain data reveals that Aave’s total supplied value has dipped to $30.97 billion from $43.57 billion in 30 days, noting a 28.9% decline. At the same time, total borrowed value dropped to $14.31 billion from $17.22 billion. That move represented a 16.9% decline over the same 30-day window. A deep dive shows supplied funds near $25 billion in late April 2025. Supply then climbed through mid-2025 and moved above $35 billion by early May. Source: Aavescan (Total Supplied Amount) Through June, the line held mostly stable with moderate fluctuations around the upper $30 billion range. During July, supply accelerated and pushed well above $45 billion. The rise extended into August and September, when supplied funds moved above $60 billion. The funds flow then reached its highest zone around September and early October. At that stage, supply traded near the low-$70 billion range. After that peak, the line turned lower and began a broad decline. Supply fell sharply into late November, then stabilized around the low-to-mid $50 billion area. A brief recovery appeared during December and early January. That rebound faded by February, when another clear step down occurred. From February into April, supply stayed under pressure and hovered around the mid-$40 billion range. AAVE Price Falls 11.67% in One Month After Sharp Reversal As funds keep recording an outflow, the AAVE price has been in bearish territory. According to CoinMarketCap data at the time of press, the AAVE 1.36% trades at $93.42 after recording an 11.67% decline over the past one month. The month began with price action near the $109 level and early attempts to push higher. Source: CoinMarketCap However, that advance quickly faded, and the token turned lower after failing to hold those gains. Price then entered a broad decline and moved steadily toward the upper $90 range. After that drop, AAVE traded sideways for several sessions with repeated short rebounds and fresh pullbacks. The trend remained uneven, yet the token stayed mostly below the earlier monthly range. A brief recovery later lifted AAVE above $100 and carried it into the mid-$110 zone. That upward move proved short-lived, and the AAVE price reversed sharply from that local high area. The decline then accelerated and pushed AAVE back under $95 within a short stretch. Recent action showed narrow movement around current levels, with price stabilizing near $93 after the sharp reversal. AAVE Price Signals Weak Pressure Conversion in Current Trend As the funds and AAVE 1.36% trail a slide, the AG Pro Relative Volume Pressure Map remains relevant for measuring whether relative volume translates into usable directional pressure. This TradingView indicator does not treat high volume alone as a signal. Instead, it checks body efficiency, close location, wick behavior, stretch versus recent volatility, and short follow-through. In the current AAVE setup, the indicator reads passive as the active state. That means recent volume has not reached the threshold for strong directional pressure. Source: TradingView (AAVE/USD) AAVE activity is increasing, but it has not translated into forceful continuation. The quality reading stays passive, while dominance, strength, and conversion remain light. That means price has not turned recent participation into efficient upside or downside control. In this framework, volume is present, but the candles lack sufficient structure to confirm clean pressure. Recent labels also rotated between absorption, bear pressure, and bull pressure. In this pattern, absorption means elevated activity failed to produce stable directional movement. That fits the current price behavior, where AAVE price trades in a compressed zone after a prolonged decline. The reported 24-hour volume drop of more than 39% also matches the passive reading. Lower participation reduces the odds of efficient pressure. As a result, AAVE’s current trend remains weak, compressed, and lacking strong conversion from volume into sustained price movement.

22 Apr 2026, 09:46

RUNE jumps 19% as KelpDAO exploit funds flow through THORChain

The price of RUNE cryptocurrency surged sharply over the past 24 hours, climbing 19.1% to trade at $0.505, as an unusual spike in network activity pushed THORChain into the spotlight. The rally stands out against a broader crypto market that gained just 2.47% in the same period, with Bitcoin itself rising 2.53%. This clear outperformance points to a strong, asset-specific catalyst rather than a general market move. At the centre of the surge is a large-scale laundering operation tied to the KelpDAO exploit, which has significantly increased THORChain’s on-chain activity. KelpDAO exploit-driven activity fuels THORChain volume surge On-chain data shared by Specter shows that funds stolen from the KelpDAO exploit were rapidly moved through THORChain, with estimates suggesting between $80 million and $176 million worth of assets were processed. The exploit itself is estimated at roughly $290 million, making it one of the largest decentralised finance breaches in recent months. According to Spectre, the attacker (linked to the North Korean hacking group TraderTraitor) began moving funds just hours after the Arbitrum Council froze 30,766 ETH , valued at approximately $71 million. The remaining funds were split across three wallets holding roughly 25,000 ETH, 25,700 ETH, and another 25,000 ETH. One of these wallets quickly initiated laundering, reducing its balance to about 3,800 ETH, or around $8 million. The laundering process relied heavily on THORChain, with nearly 99% of the funds routed through the protocol and bridged into Bitcoin. The process involved more than 400 addresses and even mixed funds with proceeds from earlier incidents, including the BTC Turk and Bybit hacks. This surge in activity pushed THORChain’s daily transaction volume above $211 million on April 21, representing more than a tenfold increase over its 30-day average. Interestingly, the trading volume has continued to soar, with today's trading volume pushing above $680 million, a 1,938% increase in a single day. The spike in usage has translated directly into protocol revenue, with fees estimated at around $189,000 during the period. Utility spike meets technical breakout The sudden increase in usage has had a direct impact on RUNE’s price action. Unlike speculative rallies driven by sentiment, this move coincided with a measurable rise in network demand. At the same time, technical conditions amplified the upward move. RUNE broke above key short-term moving averages, including its 7-day and 30-day levels near $0.426 and $0.406. Daily exponential moving averages also show a bullish alignment, with the price trading above the 10, 20, 50, and 100-day EMAs. Momentum indicators confirm the strength of the move, with the MACD histogram turning positive, signaling increasing upward momentum. However, not all indicators point in the same direction. Out of 23 tracked technical indicators , 11 suggest bullish conditions, 8 point lower, and 4 remain neutral. This split highlights a market that is trending higher but showing signs of strain. Oscillators in particular are leaning bearish, with the Relative Strength Index (RSI), which currently sits at 73.03 on the daily chart, firmly in overbought territory. Interestingly, the weekly RSI tells a different story. At 33.59, it still reflects oversold conditions, suggesting that despite the recent rally, the asset remains in a broader recovery phase after a prolonged decline. THORChain (RUNE) price forecast In the near term, price action will likely depend on whether the current surge in activity can be sustained. The first key level to watch is support at $0.485. Holding above this level would maintain the current bullish structure. A drop below $0.462, however, would signal weakening momentum and open the door for a deeper pullback. The major downside level sits at $0.4125. A break below this point would invalidate the recent breakout and could lead to further losses. On the upside, resistance is clearly defined at $0.6129. A confirmed close above this level would indicate continuation and could push the price toward the next target at $0.6873. Beyond technical levels, traders should also watch the upcoming developments within the THORChain ecosystem, especially the planned integration of Monero, scheduled for May 10, which could introduce new demand for privacy-focused swaps. For now, the price remains supported by a sharp but unusual increase in network activity. But whether that support holds will depend on how the market reacts once the current flow of funds subsides. The post RUNE jumps 19% as KelpDAO exploit funds flow through THORChain appeared first on Invezz